Economy

Monday, January 9th 2012 - 06:57 UTC
PM Cameron discards any Falklands’ sovereignty negotiations with Argentina

British Prime Minister David Cameron discarded any Falkland Islands sovereignty negotiations with Argentina and said that his government is permanently vigilant about the protection of the Islands and their defence.
Monday, January 9th 2012 - 06:54 UTC
UK and France Europe set to clash again, this time over the “Tobin tax”

UK's Prime Minister David Cameron said for the first time he would veto a European-wide financial transaction tax unless it was imposed globally, deepening a confrontation with European Union heavyweights France and Germany.
Monday, January 9th 2012 - 06:52 UTC
China increases money supply and relaxes credit to ‘fine tune’ the economy

China's lending and money supply grew at a faster pace than expected as the country relaxed its credit restrictions. New loans worth 640.5bn Yuan (101bn dollars) were issued in December, up from 562.2bn Yuan in November.
Monday, January 9th 2012 - 06:51 UTC
Iran’s Ahmadinejad begins Latam tour in Venezuela: meeting with Chavez

Venezuelan President Hugo Chavez will welcome his Iranian counterpart Mahmoud Ahmadinejad on Monday on his first stop of a five-nation tour of Latin America, state media reported.
Monday, January 9th 2012 - 06:49 UTC
Argentine Farming emergency committee meets this week to address extreme drought

The Argentine Agriculture Ministry has summoned the Committee on Farming Emergency and anticipated it would engage in “surgical work” in order to reach “all areas of the farming sector” suffering from extreme drought.
Monday, January 9th 2012 - 06:47 UTC
Chile buries seven fire-fighters; strong suspicion of criminal intent in forest fires

The home of a Mapuche Indian leader in Chile was destroyed in a suspicious blaze in an area ravaged by forest fires, which officials say may have been caused by radical indigenous activists.
Sunday, January 8th 2012 - 05:36 UTC
Uruguay and Argentina among the ten countries worldwide with highest inflation

Inflation in Uruguay was not only far above target domestically but also figures among the ten highest in the world, and in Latam only behind Argentina and Venezuela
Sunday, January 8th 2012 - 05:34 UTC
Argentine “grandstanding” and acting illegally in the Falklands’ issue

Argentina’s government is “grandstanding” and acting illegally in imposing a blockade on ships from the Falkland Islands, Henry Bellingham has claimed in an interview with the Lynn News from England.
Sunday, January 8th 2012 - 05:31 UTC
Excellent press and forecast for Falklands’ Rockhopper Exploration oil prospect

Investment banking heavyweight Credit Suisse has initiated coverage of Rockhopper Exploration with a bullish assessment of prospects for the Falklands–focused firm, reports Proactive Investors UK.
Sunday, January 8th 2012 - 05:29 UTC
Brazil celebrates having achieved 2011inflation target, but it’s highest since 2004

Brazil's government just met its inflation target for 2011, which was a surprise victory forPresident Dilma Rousseff and for a central bank that struggled for most of the year with rising food and commodities prices. However it is the highest inflation since 2004.